Car Loan Calculator

Calculate car loan payments and amortization

Car Price ($)

Down Payment ($)

Interest Rate (%)

Loan Term (months)

Monthly Payment

$0

Total Interest

$0

Total Payment

$0

Loan Amount

$0

How to Use

Enter the car price, down payment, interest rate, and loan term. Calculate your monthly payment and total cost.

Formula

Payment = (P × r) / (1 - (1+r)^(-n))

Example

Example: $25,000 car loan at 5% for 60 months = $471.78/month